QES Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
QES Group Berhad has a total shareholder equity of MYR186.1M and total debt of MYR52.5M, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are MYR304.5M and MYR118.4M respectively. QES Group Berhad's EBIT is MYR23.7M making its interest coverage ratio 22. It has cash and short-term investments of MYR103.6M.
Key information
28.20%
Debt to equity ratio
RM 52.48m
Debt
| Interest coverage ratio | 22x |
| Cash | RM 103.57m |
| Equity | RM 186.09m |
| Total liabilities | RM 118.45m |
| Total assets | RM 304.54m |
Recent financial health updates
Is QES Group Berhad (KLSE:QES) Using Too Much Debt?
Aug 08
Here's Why QES Group Berhad (KLSE:QES) Can Manage Its Debt Responsibly
May 09Does QES Group Berhad (KLSE:QES) Have A Healthy Balance Sheet?
Oct 18Is QES Group Berhad (KLSE:QES) Using Too Much Debt?
Mar 07QES Group Berhad (KLSE:QES) Seems To Use Debt Quite Sensibly
Nov 27Is QES Group Berhad (KLSE:QES) A Risky Investment?
Jun 15Recent updates
Things Look Grim For QES Group Berhad (KLSE:QES) After Today's Downgrade
May 27QES Group Berhad's (KLSE:QES) P/E Still Appears To Be Reasonable
Apr 06Returns At QES Group Berhad (KLSE:QES) Appear To Be Weighed Down
Jan 14QES Group Berhad's (KLSE:QES) Problems Go Beyond Weak Profit
Nov 25Is QES Group Berhad (KLSE:QES) Using Too Much Debt?
Aug 08QES Group Berhad's (KLSE:QES) Price Is Out Of Tune With Earnings
Jun 08Here's Why QES Group Berhad (KLSE:QES) Can Manage Its Debt Responsibly
May 09Why QES Group Berhad (KLSE:QES) Could Be Worth Watching
Jun 15QES Group Berhad's (KLSE:QES) Returns On Capital Not Reflecting Well On The Business
Dec 28Is QES Group Berhad (KLSE:QES) Potentially Undervalued?
Dec 08Here's Why We Think QES Group Berhad (KLSE:QES) Might Deserve Your Attention Today
Nov 11Does QES Group Berhad (KLSE:QES) Have A Healthy Balance Sheet?
Oct 18Is QES Group Berhad (KLSE:QES) Potentially Undervalued?
May 18Investors Could Be Concerned With QES Group Berhad's (KLSE:QES) Returns On Capital
Apr 05Is QES Group Berhad (KLSE:QES) Using Too Much Debt?
Mar 07QES Group Berhad (KLSE:QES) Seems To Use Debt Quite Sensibly
Nov 27Is QES Group Berhad (KLSE:QES) A Risky Investment?
Jun 15QES Group Berhad (KLSE:QES) Might Be Having Difficulty Using Its Capital Effectively
Apr 12QES Group Berhad (KLSE:QES) Could Easily Take On More Debt
Mar 01Is QES Group Berhad's (KLSE:QES) Shareholder Ownership Skewed Towards Insiders?
Feb 10Update: QES Group Berhad (KLSE:QES) Stock Gained 64% In The Last Year
Jan 20Does QES Group Berhad's (KLSE:QES) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 08
Can Mixed Fundamentals Have A Negative Impact on QES Group Berhad (KLSE:QES) Current Share Price Momentum?
Nov 17Financial Position Analysis
Short Term Liabilities: QES's short term assets (MYR202.9M) exceed its short term liabilities (MYR72.7M).
Long Term Liabilities: QES's short term assets (MYR202.9M) exceed its long term liabilities (MYR45.8M).
Debt to Equity History and Analysis
Debt Level: QES has more cash than its total debt.
Reducing Debt: QES's debt to equity ratio has increased from 15.5% to 28.2% over the past 5 years.
Debt Coverage: QES's debt is well covered by operating cash flow (70.6%).
Interest Coverage: QES's interest payments on its debt are well covered by EBIT (22x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/09 02:47 |
| End of Day Share Price | 2025/06/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
QES Group Berhad is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | JF Apex Securities Berhad |
| Hoe-Leong Chong | Public Investment Bank Berhad |
| Jia Loo | TA Securities Holdings Berhad |